this post was submitted on 10 Aug 2023
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A new report from RBC found spending in Canada has showed signs of slowing in July, with retail sales excluding vehicles still climbing, but now at a slower rate. (www.bnnbloomberg.ca)
submitted 2 years ago by mxwarp to c/personalfinancecanada
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[–] villasv 4 points 2 years ago* (last edited 2 years ago)

Hm, maybe I'm reading the title wrong... but if it's climbing at a slower rate (decreasing acceleration), it's snot slowing down (decreasing speed).

Edit: ah well, it's an early sign of slowing down, not really slowing down. OK, whatever gets a click. Got mine.